Federated Hermes Inc. Sells 6,616 Shares of Capital One Financial Co. (NYSE:COF)

Federated Hermes Inc. decreased its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 855,509 shares of the financial services provider's stock after selling 6,616 shares during the period. Federated Hermes Inc. owned about 0.22% of Capital One Financial worth $112,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in COF. Roman Butler Fullerton & Co. bought a new position in shares of Capital One Financial during the fourth quarter valued at $237,000. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Capital One Financial by 50.3% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 822 shares of the financial services provider's stock valued at $108,000 after acquiring an additional 275 shares during the last quarter. Aspen Wealth Strategies LLC raised its stake in shares of Capital One Financial by 55.1% during the fourth quarter. Aspen Wealth Strategies LLC now owns 5,154 shares of the financial services provider's stock valued at $676,000 after acquiring an additional 1,830 shares during the last quarter. Financial Strategies Group Inc. increased its position in shares of Capital One Financial by 28.8% during the fourth quarter. Financial Strategies Group Inc. now owns 33,159 shares of the financial services provider's stock worth $4,347,000 after buying an additional 7,422 shares during the period. Finally, Mathes Company Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $239,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

COF stock traded up $4.92 during mid-day trading on Thursday, hitting $141.69. The company had a trading volume of 3,001,220 shares, compared to its average volume of 2,682,663. The stock's fifty day moving average price is $139.19 and its two-hundred day moving average price is $123.73. Capital One Financial Co. has a 12 month low of $83.93 and a 12 month high of $149.27. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $53.90 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 0.98 and a beta of 1.48.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. On average, analysts forecast that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial's dividend payout ratio (DPR) is currently 20.08%.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. Piper Sandler increased their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a "neutral" rating in a research report on Friday, February 23rd. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 21st. Keefe, Bruyette & Woods restated an "outperform" rating and issued a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. Robert W. Baird cut shares of Capital One Financial from an "outperform" rating to a "neutral" rating and reduced their price target for the stock from $150.00 to $145.00 in a report on Monday, January 8th. Finally, Wells Fargo & Company raised their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an "overweight" rating in a report on Wednesday, April 10th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $137.05.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.